Quotes with Resistance & Support
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Intraday calls for 12-06-12

Posted on: June 12th, 2012 at 8:37 am

Markets likely to open a bit lower. Support for nifty is at 4990 and resistance at 5130

Buy Jyothy Laboratories at 221, target: 229. Stoploss: 216

1.16pm – Buy 5000 pe at 66, target: 82. Stoploss: 5125 (spot) – (continue to hold on to the 5000pe for 1-2 days)

IIP data for Jan’12 to be out today – Market expectation 1.5%

SL triggered in Bhushan steel

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554 Responses

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  1. Ani Says:
    June 12th, 2012
    Posted at: 8:54 am

    Hi CB,

    Sir if today it hits 189 mark...shld i sell it..frm 189 is it goin down or again it will giv a bounce


  2. reema Says:
    June 12th, 2012
    Posted at: 8:55 am

    axis bank tgt


  3. Suhail Says:
    June 12th, 2012
    Posted at: 8:55 am

    Can I enter in Suzlon for intraday what will be the target.


  4. Abhishek Says:
    June 12th, 2012
    Posted at: 8:56 am

    sir, i m holding 100 pcs of wheels @ 704 but tommorrow it go down to 669 . today can it go up to 700. sir please suggest what shld i do or i m going to face huge loss.


  5. reema Says:
    June 12th, 2012
    Posted at: 8:56 am

    bombay dying above 497 tgt 510


  6. CB Says:
    June 12th, 2012
    Posted at: 8:57 am

    Hi pkr, most welcome

    Hi Ani, likely to bounce back from there. hold it.

    Hi reema, seems may correct by 12-15rs today

    Hi Suhail, its more of a short term play. don't enter for intraday yet


  7. CB Says:
    June 12th, 2012
    Posted at: 8:58 am

    Hi Abhishek, technically it does look good. hold for some more time. can add some today

    Hi reema, would advice to wait for some dip


  8. Nirav Khatri Says:
    June 12th, 2012
    Posted at: 9:00 am

    Bulls will have upper hand above 5038, bears will have upper hand below 4980


  9. Rams Says:
    June 12th, 2012
    Posted at: 9:01 am

    Hi CB, GM , Holding calls what to do ? Please suggest.


  10. dineshknp Says:
    June 12th, 2012
    Posted at: 9:01 am

    hi cb, yesterday bought union bank fut at 206. closed at 197. should i average? or exit?


  11. CB Says:
    June 12th, 2012
    Posted at: 9:02 am

    Hi Rams, hold these wth sl at 4990 for now

    Hi Nirav Khatri, thanks.


  12. CB Says:
    June 12th, 2012
    Posted at: 9:02 am

    Hi dineshknp, its a hold for now. don't avg yet.


  13. chhaya Says:
    June 12th, 2012
    Posted at: 9:02 am

    sir pls suggest delta and kpit- godrej industries target today


  14. vishal Says:
    June 12th, 2012
    Posted at: 9:02 am

    its a very scary pre-opening, nifty down by 120 points.


  15. CB Says:
    June 12th, 2012
    Posted at: 9:02 am

    Hi Akash, can test 5000


    Hi chhaya, as of now seems these may remain a bit flat today., markets likely to open a bit lower.


  16. srikanth Says:
    June 12th, 2012
    Posted at: 9:04 am

    i have sintex ind 79@500 plz advice exit or hold if i hold give nearest target

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